Real Estate

In the past, I used to think the best house floor plan for a family with young kids was all on a single floor. The house would have 700 or more square feet per person and be spread out over a large lot. However, with many parents now working from home, I’ve slightly changed my

Inflation, like a boa constrictor, is squeezing us most noticeably at the grocery store and at the pump. Beyond tightening our budget, staying patient until prices eventually decline, and growing more passive income, what else can we do? Inflation is a double-edged sword for real estate. On the one hand, inflation acts as a tailwind

Remodeled homes will sell for bigger premiums going forward because it has become so much more costly and difficult to remodel today. In the previous article, I focused mostly on the negatives of remodeling. However, this article will focus on the financial benefits of remodeling. Namely more rental income and a higher property value. If

If you’re in the market to buy a home, I’m not sure if you should buy a fixer-upper anymore unless you’re under 40 and hungry. The cost of construction is way high and your time is valuable. Instead, you should consider buying a remodeled home to save your sanity and your marriage. I’ve bought two

Some people desire a gorgeous partner. While others desire so much fame they can never walk around in peace. However, real estate might be the most desirable thing of them all since we spend so much time at home. As a result, real estate FOMO could also be the hardest type of desire to overcome.

As a landlord since 2005, I’m constantly faced with the dilemma of selling a rental property or renting it out whenever my tenants move out. The older and wealthier I’ve gotten, the more I prefer to sell rather than rent out. I have a love-hate relationship with owning rental properties because they allowed me to

Some say renting is like throwing your money away. If that’s the case, what about the people who spend six figures a year on rent? Is that like setting your net worth on fire? I don’t think renting is throwing money away at all. You get shelter for the rent you pay. Renting is also

Tappable equity is the amount of home equity available for homeowners to withdraw via a cash-out refinance or a second mortgage. It is typically calculated as total home equity minus 20 percent of home value. The 20 percent figure is used as a collateral cushion to protect the lender.  Tappable equity is a new term that I’ve